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Bubble (economics)

From Citizendium - Reading time: 1 min

Bubble (economics) [r]: A surge in prices that raises expectations of further increases, so generating further increases: a process that continues until confidence falters, the bubble "bursts" and prices rapidly revert to an objectively-based level. [e]

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Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Bubble_(economics)
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